The yen isn't Japan's problem, it is everyone's problem. Because this crash isn't the Fed.

Japan's yen like China's yuan is being pummeled by the dollar. Most people are led to believe the dollar is rising because of the Fed and its rate hikes. No sir. In fact, in just three charts we can easily show both why JPY is crashing and also how the Fed has nothing to do with it. And that's actually the most frightening part.